YEARLY HIGH
191.5779 GMD
YEARLY LOW
177.8461 GMD
YEARLY AVERAGE
182.5993 GMD

2024 BHD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 191.5779. Conversely, the yearly low was recorded on February 4, dropping to 177.8461.

This high-to-low spread represents a total annual volatility of 13.7319 GMD. From a start-to-finish perspective, comparing the January average rate of 178.5333 to the December average rate of 190.5024, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 191.5779 was up 6.95% compared to the 2023 peak of 179.1336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 957,890 GMD
2023 Average 826,633 GMD
Yearly Trough Low 889,230 GMD
Transaction Impact: A difference of 68,659.26 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

191.6993
177.3364
JanuMarcMayJulySeptNove

BHD to GMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 179.6653, compared to 185.5333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8679 points.

H1 Avg (Jan–Jun) 179.6653
H2 Avg (Jul–Dec) 185.5333

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 7.9366 GMD (High: 187.0344 / Low: 179.0978). On the other end, March was the most stable month, with a tight range of 0.6434 GMD (High: 180.7471 / Low: 180.1037).

October Spread (Volatile) ±7.9366
March Spread (Stable) ±0.6434

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8252 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 190.5024) against the same month in 2023 (average: 178.6254), the exchange rate shifted by +11.8770 (+6.65%).

2024 Avg (December) 190.5024
2023 Avg (December) 178.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 178.8865 178.1900 178.5333
February 180.4323 177.8461 179.3622
March 180.7471 180.1037 180.2889
April 180.3803 179.1968 180.1140
May 180.8342 179.6379 179.8664
June 180.1827 178.8749 179.8272
July 184.3878 179.6163 180.0001
August 188.4094 183.0467 185.4272
September 188.4049 181.7357 184.6499
October 187.0344 179.0978 183.8247
November 189.8153 187.0508 188.7951
December 191.5779 188.3249 190.5024